Mount Thorley8 Melva Place

Investment - Deceased Estate

Net Return: $316,333pa

In the heart of the Hunter Valley coalfields this huge industrial property has been leased to the same tenant for the last (14) years and they have just renewed their lease again. Downer Blasting processes and emulsifies ammonium nitrate for direct delivery to the mines. Downer Blasting is a part of the ASX Listed Downer group of companies.

Situated on the Putty and Mount Thorley Roads flyover this property consists of (3) land titles with (2) access points. Other significant features include:

Separate office building
Workshop
Stores building
Amenities building
Emulsifying shed
Yard storage
Total land area: 48,000m2 (approx)
Total building area: 4,020m2 (approx)

The Executors of the Estate are very realistic in their price expectations and have a strong desire for the property to be sold prior to Christmas even if it means double digit returns to the investor.

Contact Agent

Steve Dick

Steve Dick

Raine & Horne Commercial

02 4915 3000

0425 302 771

Property Information

  • Street Address 8 Melva Place
  • Type Commercial
  • Price SOLD
  • State NSW
  • Suburb Mount Thorley
  • Property Type Industrial
  • Land Size 48000 m2
  • Building Size 4020 m2
  • Sold Date 19-01-2017

Location Map